Why ameritas Is Trending Today?

Ameritas, a U.S. insurance company, has announced a significant increase in its quarterly dividend. The new dividend rate is $0.25 per share, up from the previous $0.20 per share. This marks the 15th consecutive year that Ameritas has raised its dividend. The company's board of directors approved the increase, which will be payable on June 15, 2023, to shareholders of record as of May 31, 2023. Ameritas has also declared a special cash dividend of $0.50 per share, payable on the same date.

Ameritas Advisory Services LLC recently engaged in several stock transactions. They sold 2,601 shares of Freeport-McMoRan Inc. ($FCX), reducing their position in United Parcel Service, Inc. ($UPS), and sold shares of NetEase, Inc. ($NTES). Additionally, they bought 319 shares of GE HealthCare Technologies Inc. ($GEHC). Ameritas also has significant stakes in Southern Copper Corporation ($SCCO) and Nucor Corporation ($NUE), valued at $436,000 and $332,000 respectively. They sold shares of Visa Inc. ($V), Prologis, Inc. ($PLD), iShares Russell Mid-Cap ETF ($IWR), and iShares S&P 100 ETF ($OEF). Meanwhile, they increased their holdings in Vulcan Materials Company ($VMC) and invested $527,000 in AutoNation, Inc. ($AN). Ameritas also sold shares of EOG Resources, Inc. ($EOG) and reduced their position in SPDR Dow Jones REIT ETF ($RWR). Furthermore, they sold 25,604 shares of Independence Realty Trust, Inc. ($IRT) and have a $448,000 stock holding in Target Corporation ($TGT).